Vitalhub (TSX:VHI) Gross Profit : C$42.81 Mil (TTM As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Vitalhub Gross Profit?

Vitalhub's gross profit for the three months ended in Dec. 2023 was C$11.24 Mil. Vitalhub's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$42.81 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vitalhub's gross profit for the three months ended in Dec. 2023 was C$11.24 Mil. Vitalhub's Revenue for the three months ended in Dec. 2023 was C$13.60 Mil. Therefore, Vitalhub's Gross Margin % for the quarter that ended in Dec. 2023 was 82.62%.

Vitalhub had a gross margin of 82.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Vitalhub was 96.72%. The lowest was 69.72%. And the median was 81.53%.

Vitalhub Gross Profit Historical Data

The historical data trend for Vitalhub's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vitalhub Gross Profit Chart

Vitalhub Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

Get a 7-Day Free Trial

7.47

10.29

19.43

32.94

42.81

Vitalhub Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															9.29	10.12	10.62	10.83	11.24

Competitive Comparison of Vitalhub's Gross Profit

For the Health Information Services subindustry, Vitalhub's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vitalhub's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Vitalhub's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vitalhub's Gross Profit falls into.

Vitalhub Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Vitalhub's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	52.508	-	9.698
	=	42.81

Vitalhub's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	13.603	-	2.364
	=	11.24

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$42.81 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Vitalhub's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	11.24	/	13.603
	=	82.62 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Vitalhub (TSX:VHI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Vitalhub had a gross margin of 82.62% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Vitalhub Gross Profit Related Terms

Thank you for viewing the detailed overview of Vitalhub's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Vitalhub (TSX:VHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Vitalhub Corp (TSX:VHI) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

VHIBF:USA 6OVA:Germany

Address

480 University Avenue, Suite 1001, Toronto, ON, CAN, M5G 1V2

Website

https://www.vitalhub.com

Vitalhub Corp provides technology to Health and Human Service providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, and Community and Social Services. Vitalhub solutions span the categories of Electronic Health Records (EHR), Case Management, Care Coordination, Patient Flow and Operational Visibility, and Mobile Apps. It operates in one segment for its operations related to healthcare information systems in the mental health, long-term care, community health service, and hospital sectors. Geographically it's available in Canada, the United Kingdom, Australia, the USA, Western Asia, and the Rest of the world, and the majority of the revenue comes from the United Kingdom.